Published 24 days ago

EFCC to clampdown on schools, hotels, supermarkets charging in dollars

Summary by The Guardian Nigeria

The Economic and Financial Crimes Commission (EFCC) has warned hotels, supermarkets, restaurants, and schools to stop charging in dollars or any foreign currency within Nigeria. EFCC’s Chairman, Ola Olukoyede, stated this on Monday, in the latest edition of the commission’s monthly e-magazine, EFCC Alert. Olukoyede said anyone found in the act of dollarization of the […] The post EFCC to clampdown on schools, hotels, supermarkets charging in dol…

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The Guardian Nigeria

EFCC to clampdown on schools, hotels, supermarkets charging in dollars

23 days ago·Nigeria

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Daily Post Nigeria

Don't transact in dollar - EFCC warns schools, hotels, others

The Economic and Financial Crimes Commission, EFCC, has warned schools, supermarkets, hotels and others against charging for services in the country in

24 days ago·Nigeria

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Punch Newspapers

Hoteliers, school owners charging in dollars risk arrest -EFCC

The Economic and Financial Crimes Commission has stated that hotels, schools, and other establishments that accept payments in dollars from their customers are at risk of facing arrest. The Chairman, EFCC, Ola Olukoyede, said this in the agency’s publication called EFCC Alert on Monday, adding that action would be taken against individuals involved in the

23 days ago

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Pulse Nigeria

EFCC warns schools, hotels, others against charging in dollar

The EFCC boss warned that anyone caught collecting the dollar for services or goods would be treated as a criminal by relevant Nigerian laws. The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has warned schools, supermarkets, hotels, and others against charging for services in the country in dollars or any other foreign currency. Olukoyede, in the latest edition of the commission’s monthly e-magazine, called EFC…

23 days ago·Nigeria

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Legit.ng - Nigeria news.

“Charge for service in dollars and go to jail”: EFCC issues stern warning to schools, hotels, others

The EFCC chairman, Ola Olukoyede, on Monday, April 8, 2024, warned schools, supermarkets, hotels, and others against the dollarisation of Nigeria's economy.

23 days ago·Ikeja, Nigeria

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Daily Trust

EFCC to go after schools, hotels, companies charging in dollars - Daily Trust

The Economic and Financial Crimes Commission (EFCC) says its operatives will soon clamp down on hotels, schools, real estate companies and other establishments receiving dollars in exchange of services in the country. The anti-graft agency specifically described such demand by any establishment no matter the sector as “illegal”, insisting that Naira remains legal tender of the country and that charging dollars for local services is contrary to l…

23 days ago

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